Search found 373 matches

by Dave55
Sun Nov 11, 2018 9:54 am
Forum: Investing - Help with Personal Investments
Topic: Are We In A Real Estate Bubble?
Replies: 112
Views: 12977

Re: Are We In A Real Estate Bubble?

A friend in NYC/Manhattan has a beautiful one bedroom in for sale, she said it is a buyers market now. My wife has a good friend who is a realtor in Boulder Metro area here in CO, she said sales have slowed way down.

Dave
by Dave55
Wed Nov 07, 2018 10:01 am
Forum: Investing - Theory, News & General
Topic: Actively Managed Bond Funds
Replies: 24
Views: 1620

Re: Actively Managed Bond Funds

Fidelity has been promoting the active management of Bond Funds/ETF's. Their position is that that investors can find alpha by taking advantage of the expert analysis of active managers. It is interesting to me that by doing this Fidelity is essentially admitting that active management has NOT retu...
by Dave55
Tue Nov 06, 2018 9:15 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3408
Views: 1015578

Re: What Book Are You Currently Reading? Part VI

"Past Tense", the newest Jack Reacher by Lee Child. Excellent entertainment.

Dave
by Dave55
Fri Nov 02, 2018 9:17 am
Forum: Personal Consumer Issues
Topic: Thoughts on the New Macbook Air?
Replies: 70
Views: 4003

Re: Thoughts on the New Macbook Air?

An Apple certified Tech/Consultant that I use occasionally for complex issues suggested to me that the MacBook Pro may be better way to go than the new Air. For about the same dollars (for my specific needs), and 1/4 pound more weight, you get better/faster processors, more memory, more ports and mo...
by Dave55
Fri Nov 02, 2018 8:53 am
Forum: Investing - Theory, News & General
Topic: Core-4 Investing is LIVE! It really is this time!
Replies: 134
Views: 10245

Re: Core-4 Investing is LIVE! It really is this time!

Rick I think the Core-4 site is great. It brings clarity to a number of solid options and sub-categories within them for both beginning and advanced investors. Thanks for sharing your knowledge and expertise.

Dave
by Dave55
Wed Oct 31, 2018 9:06 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3408
Views: 1015578

Re: What Book Are You Currently Reading? Part VI

dave55: Lawrence Block is another of my favorites. Scudder series is outstanding as is the Keller series. If you havent read those, be sure to check them out. Also he has a series on a thief...cannot recall the name. Also a great series. ed Thanks for Keller series tip Ed. I loved Scudder series. I...
by Dave55
Tue Oct 30, 2018 9:59 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3408
Views: 1015578

Re: What Book Are You Currently Reading? Part VI

free at last... I am also concerned of Michael Connelly's situation with Harry Bosch. Along with James Lee Burke's similar 'problem' with Robicheaux charactor. I have no idea of how old Dave is, but as a Viet Nam vet (similar to Harry) he must be well into his 60s. Connelly and Burke are two of my ...
by Dave55
Mon Oct 22, 2018 7:42 pm
Forum: Investing - Theory, News & General
Topic: What's Your Fixed Income Strategy?
Replies: 89
Views: 8644

Re: What's Your Fixed Income Strategy?

There are a lot of great threads and posts about specific Bond and/or CD topics that helpful Bogleheads respond to, but I'm interested in your Philosophy and Strategy (two of three of Rick Ferri's attributes in investing) when it comes to the fixed income portion of your AA, especially folks 5 year...
by Dave55
Mon Oct 22, 2018 11:35 am
Forum: Personal Consumer Issues
Topic: Quitting w/o notice
Replies: 132
Views: 8661

Re: Quitting w/o notice

Everybody talks. Let me repeat, EVERYBODY talks. Industry communities are a lot like a small town. At the same time, don't make this harder on yourself than you have to. I've been on both sides of this, as well as downstream of picking up the slack when somebody else leaves. - Give your two weeks n...
by Dave55
Fri Oct 19, 2018 8:43 am
Forum: Investing - Help with Personal Investments
Topic: Spoke with a CFP...underwhelming!
Replies: 51
Views: 5307

Re: Spoke with a CFP...underwhelming!

abuss368 wrote:
Thu Oct 18, 2018 9:00 pm
Dave55 wrote:
Thu Oct 18, 2018 8:36 am
I have had 3 advisors over the past 30 years, been DYI since 2011. All those advisors were CPA's too and they all had the same asset allocation for taxable and the IRA accounts.


Dave
Hi Dave -

CFP's or CPA's?
I meant CFP, not CPA's.
Thanks Tony,

Dave
by Dave55
Thu Oct 18, 2018 5:57 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3408
Views: 1015578

Re: What Book Are You Currently Reading? Part VI

Just finished The Perfectionists:How Precision Engineers Created the Modern World by Simon Winchester. Fantastic. So I'm starting another of his, A Crack in the Edge of the World . Finished The Late Show , by Michael Connolly, a police procedural, with a new protagonist, Renee Ballard. Pretty good....
by Dave55
Thu Oct 18, 2018 4:43 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3408
Views: 1015578

Re: What Book Are You Currently Reading? Part VI

"Dead Irish" by John Lescroart. Murder mystery, the first of 16 in the Dismas Hardy series. So far so good.

Dave
by Dave55
Thu Oct 18, 2018 4:37 pm
Forum: Personal Consumer Issues
Topic: Jury duty - already booked vacation
Replies: 51
Views: 5535

Re: Jury duty - already booked vacation

Benbo wrote:
Tue Oct 16, 2018 10:49 am
Perhaps the summons was lost in the mail and you didn't receive it.....?
I knew a guy who that happened to for 30 years!

Dave
by Dave55
Thu Oct 18, 2018 8:36 am
Forum: Investing - Help with Personal Investments
Topic: Spoke with a CFP...underwhelming!
Replies: 51
Views: 5307

Re: Spoke with a CFP...underwhelming!

I have had 3 advisors over the past 30 years, been DYI since 2011. All those advisors were CFP's too and they all had the same asset allocation for taxable and the IRA accounts.


Dave
by Dave55
Wed Oct 17, 2018 8:48 am
Forum: Local Chapters and Bogleheads Community
Topic: metro Denver Bogleheads?
Replies: 45
Views: 6224

Re: metro Denver Bogleheads?

I am interested for sure. I also live in Louisville!

Dave
by Dave55
Sun Oct 14, 2018 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Weigh in on our Marital Argument =)-- HCOL edition
Replies: 82
Views: 7260

Re: Weigh in on our Marital Argument =)-- HCOL edition

Having grown up in a suburb of NYC, lived in NYC for several years, traveled to NYC for decades on business, I would not live in the city or anywhere near it. I was also fortunate to live in many cities and some rural places around the US, and you can get much more for your money housing wise elsewh...
by Dave55
Sat Oct 06, 2018 8:41 am
Forum: Investing - Help with Personal Investments
Topic: Retired 66 year old
Replies: 10
Views: 2258

Re: Retired 66 year old

I have roughly 250 k to invest into a safe fund . This is my retirement fund for two of us. I have a pension of 18500 a year 18000 in ss and 8400 from the wife in ss. We have no payments. Any suggestions for what to do with 250k of the 400k we have. What is your definition of a "safe fund"? Dave
by Dave55
Thu Oct 04, 2018 7:57 am
Forum: Investing - Help with Personal Investments
Topic: Syndicated Multi-fam Deals
Replies: 9
Views: 861

Re: Syndicated Multi-fam Deals

searchher wrote:
Tue Oct 02, 2018 6:48 am
Anybody have any experience with investing in syndicates that buy multi-fam apartment buildings (Class B/C, 100+ units)?
Yes, I invested in dozens of these over several decades. Some did great, some so so, and some were disasters. I have not invested in them for over 10 years.

Dave
by Dave55
Wed Oct 03, 2018 3:29 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3408
Views: 1015578

Re: What Book Are You Currently Reading? Part VI

"Swan Peak" the 17th book in the Dave Robicheaux series by James Lee Burke. As previously mentioned, I am having trouble pulling away from these books.


Dave
by Dave55
Sat Sep 29, 2018 7:27 am
Forum: Personal Consumer Issues
Topic: Anyone hire an interior designer?
Replies: 39
Views: 3596

Re: Anyone hire an interior designer?

My wife hired an interior designer about 13 years ago in CA. It was an excellent move by dw. The designers input for furniture, rug, and location of it all made a big difference in a home we lived in for 6 years at that time. We still have all that furniture 3 homes & 3 states later. It all looks gr...
by Dave55
Thu Sep 27, 2018 6:47 pm
Forum: Investing - Help with Personal Investments
Topic: Warren Buffet Portfolio Critique
Replies: 56
Views: 4583

Re: Warren Buffet Portfolio Critique

Don't take asset Allocation Advice from Billionaires:

https://awealthofcommonsense.com/2018/0 ... lionaires/


Dave
by Dave55
Wed Sep 26, 2018 5:09 pm
Forum: Investing - Theory, News & General
Topic: Economic reasons for rate increase by the Fed?
Replies: 71
Views: 6163

Re: Economic reasons for rate increase by the Fed?

The Fed does not want the economy "to overheat" because in the past that has led, or can lead to high inflation. They are attempting to moderate economic growth, so its not too much, nor is it too little.


Dave
by Dave55
Tue Sep 25, 2018 6:51 pm
Forum: Investing - Theory, News & General
Topic: Other Portfolios that aren't 3 fund
Replies: 31
Views: 3428

Re: Other Portfolios that aren't 3 fund

I know the philosophy here and I will likely follow the same path once I can get a larger balance but in the meantime, I love playing around with funds and making different portfolios (not with real money of course). Usually using Portfolio Advisor (yes I understand this looks at the past and no on...
by Dave55
Thu Sep 20, 2018 5:57 pm
Forum: Investing - Help with Personal Investments
Topic: should I invest it all now?
Replies: 7
Views: 1144

Re: should I invest it all now?

Hi everyone! I am new here and to this way of thinking. I have lost over $250,000 over the course of my life trying to BEAT the market but instead got Beat up... SO ITS A RELIEF TO FIND MR BOGLE AND THE BOGLEHEADS!! I have two questions that I would really appreciate input on. First one is , I have...
by Dave55
Tue Sep 18, 2018 7:22 am
Forum: Personal Finance (Not Investing)
Topic: Considering Quitting Job - Seeking Advice. Would you do it?
Replies: 157
Views: 13212

Re: Considering Quitting Job - Seeking Advice. Would you do it?

I obviously don't have any experience leaving companies since all my 25 years have been at one company....so the feedback from experienced people on this forum has provided new perspective and caused me to tune my approach. I kind of thought feedback on this forum might be 75% leave, 25% stick it o...
by Dave55
Sun Sep 16, 2018 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Considering Quitting Job - Seeking Advice. Would you do it?
Replies: 157
Views: 13212

Re: Considering Quitting Job - Seeking Advice. Would you do it?

How many Franklins can you fit in your coffin? A good friend of mine once remarked, "On your deathbed you will not have one thought about whether you should have worked harder or longer or achieved X in your career. You thoughts will be on those you loved and shared your life with".

Dave
by Dave55
Sun Sep 16, 2018 9:15 am
Forum: Personal Finance (Not Investing)
Topic: Considering Quitting Job - Seeking Advice. Would you do it?
Replies: 157
Views: 13212

Re: Considering Quitting Job - Seeking Advice. Would you do it?

The work hours are wearing on me, and my spouse, and my family. I generally work 16 to 17 hours/day during the week (12 at the office, and 4 or 5 more when I get home, sometimes more…maybe a little less on Fridays), and typically about 15 hours on the weekend (trying to cram it all in one day, so I...
by Dave55
Sat Sep 15, 2018 7:45 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3408
Views: 1015578

Re: What Book Are You Currently Reading? Part VI

"Pegasus Descending" by James Lee Burke, the 15th in the series. All 15 are excellent.

Dave
by Dave55
Sat Sep 08, 2018 9:37 am
Forum: Personal Consumer Issues
Topic: Buy a house that needs full renovation?
Replies: 40
Views: 1775

Re: Buy a house that needs full renovation?

The whole experience has been quite stressful so far and I think renovating would add a lot of stress and be time consuming - especially if I go significantly over budget. I currently rent so I don't have to move in right away. If this has been stressful so far, you ought to take a pass. The renova...
by Dave55
Fri Sep 07, 2018 6:42 pm
Forum: Investing - Theory, News & General
Topic: D. E. Shaw fund prospectus - would you invest?
Replies: 35
Views: 2282

Re: D. E. Shaw fund prospectus - would you invest?

No. I gave up hedge funds in my 40's. Fees and lockups onerous. I would have done better in the S&P index.

Dave
by Dave55
Fri Sep 07, 2018 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Fee only Financial planners
Replies: 31
Views: 2724

Re: Fee only Financial planners

There are 2 Advisors I know about that use low fixed fees or flat fees:

http://www.cardiffpark.com/why-cardiff- ... visor-fees

https://www.evansonasset.com/fees-and-services-11.htm


Dave
by Dave55
Thu Aug 30, 2018 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Zelle, online payments
Replies: 53
Views: 4514

Re: Zelle, online payments

Never had an issue with Zelle.

Dave
by Dave55
Wed Aug 29, 2018 7:20 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3408
Views: 1015578

Re: What Book Are You Currently Reading? Part VI

dave55 - James Lee Burke is outstanding and the Robicheaux series is one of my favorites. Just received a notice from Goodreads that his latest is being released next month. I just finished "The Redeemers" by Ace Atkins...a new author for me. Set in Mississippi, Atkins has a series on Quinn Colson,...
by Dave55
Wed Aug 29, 2018 6:49 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3408
Views: 1015578

Re: What Book Are You Currently Reading? Part VI

dave55 - James Lee Burke is outstanding and the Robicheaux series is one of my favorites. Just received a notice from Goodreads that his latest is being released next month. I just finished "The Redeemers" by Ace Atkins...a new author for me. Set in Mississippi, Atkins has a series on Quinn Colson,...
by Dave55
Tue Aug 28, 2018 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: What do you know about LPL Financial?
Replies: 26
Views: 2506

Re: What do you know about LPL Financial?

LPL is the largest independent broker dealer in the US. They have 15,000 plus financial advisors. A friend of mine told me that independent broker dealers used to derive most of their money from trading stock commissions and loaded mutual fund sales. If I recall correctly, that has shifted more towa...
by Dave55
Tue Aug 28, 2018 7:48 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3408
Views: 1015578

Re: What Book Are You Currently Reading? Part VI

I just read Dave Robicheaux 10th and 11th in the series; "Sunset Limited" and "Purple Can Road" by James Lee Burke. Now on the 12th book in the series, "Jolie Blon's Bounce". I confess, I am enjoying this series very much and I am also addicted to it.

Dave
by Dave55
Tue Aug 28, 2018 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: Stay away from Non Traded Reits?
Replies: 23
Views: 1874

Re: Stay away from Non Traded Reits?

Hello everyone, Should we stay away from ANY non traded reits under any circumstance? For example, the famous Blackstone Reits which recently open to individual investor. Yeah, by reading other posts, I know the biggest downside is illiquidity, by it seems that non traded reits is Not correlated wi...
by Dave55
Thu Aug 16, 2018 11:20 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 106001

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Disclaimer: Not trying to persuade anyone of anything. Most sovereign wealth funds invest worldwide, see: https://www.cnbc.com/2015/07/17/the-worlds-biggest-sovereign-wealth-funds.html#slide=1 - watch the whole slide show to see each countries details. Interesting to note that Norway's Pension Fund ...
by Dave55
Tue Aug 14, 2018 4:34 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 106001

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

All the lazy portfolio's have International stock in them. See: https://www.marketwatch.com/lazyportfolio I think there is a good reason that professional's like Rick Ferri, Allan Roth, Bill Schultheis, Ted Aronoson, Dr. William Bernstein, David Swensen & many others suggest using International as p...
by Dave55
Tue Aug 14, 2018 3:22 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3408
Views: 1015578

Re: What Book Are You Currently Reading? Part VI

"The Sinners" by Ace Atkins, this is the 8th book of the Quinn Colson series. Quinn is the sheriff in a fictional rural Mississippi county plagued with its share of crime and characters. His family and personal life add richness. The writing, characters and plots make the entire series of 8 books qu...
by Dave55
Wed Aug 08, 2018 1:43 pm
Forum: Investing - Help with Personal Investments
Topic: Have Private Reits worked for you?
Replies: 17
Views: 1104

Re: Have Private Reits worked for you?

I invested in private Reits and Real Estate Limited Partnerships for many years. I stopped investing in them about 10 years ago. Some did very well, some were mediocre and some were unpleasant. The K-1's are a pain, the risks are high, and the expenses and fees for these deals are atrocious.

Dave
by Dave55
Thu Aug 02, 2018 5:59 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3408
Views: 1015578

Re: What Book Are You Currently Reading? Part VI

"The Redeemers" by Ace Atkins, the 5th book in the Quinn Colson series.

Dave
by Dave55
Mon Jul 23, 2018 4:59 pm
Forum: Investing - Help with Personal Investments
Topic: Considering getting out of Wellington Fund(admiral)
Replies: 12
Views: 1686

Re: Considering getting out of Wellington Fund(admiral)

Wellington out performed the Morningstar Moderate Target Risk Index for 1, 3, 5, 10 and 15 year(s) by over 100 basis points and the Moderate Allocation category 1, 3, 5, 10 and 15 years by 119-212 basis points. In other words, excellent performance for the past 15 years. Measuring fund performance f...
by Dave55
Mon Jul 23, 2018 12:54 pm
Forum: Investing - Help with Personal Investments
Topic: Investing with a Developer
Replies: 48
Views: 3853

Re: Investing with a Developer

The 15% fee is a non starter.

Dave
by Dave55
Thu Jul 05, 2018 7:34 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3408
Views: 1015578

Re: What Book Are You Currently Reading? Part VI

Just finished "Red Notice" by Bill Browder. Excellent page turner that is a true story of one of the first investor's in Russia during privatization of Russian national companies in the 1990's. His hedge fund retuned over 2,600% in 10 years but not without many battles for truth and justice. Browder...